2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has...

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2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. American Eagle Investment-to-asset ratio Which company has the higher ratio? Buckle % Buckle % AMERICAN EAGLE OUTFITTERS, INC. Consolidated Balance Sheets (In thousands, except per share amounts) Assets Current assets: Cash and cash equivalents Short-term investments (available for sale) Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Property and equipment, at cost, net of accumulated depreciation Operating lease right-of-use assets Intangible assets, net, including goodwill Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued income and other taxes Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 166,993 and 172,436 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 82,573 and 77,130 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity S February 1, 2020 361,930 $ 55,000 446,278 119,064 65,658 1,047,930 735,120 1,418,916 53,004 22,724 50,985 3,328,679 285,746 299,161 9,514 43,537 56,974 56,824 751,756 1,301,735 27,335 1,329,070 2,496 577,856 (33,168) 2,108,292 (1,407,623) 1,247,853 3,328,679 February 2, 2019 333,330 92,135 424,404 93,477 102,907 1,046,253 742,149 58,167 14,062 42,747 1,903,378 240,671 20,064 82,173 53,997 145,740 542,645 73,178 73,178 2,496 574,929 (34,832) 2,054,654 (1,309,692) 1,287,555 1,903,378 2. Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the investment-to-asset ratio for both companies for the most recent year. Which company has the higher ratio? Note: Round your answers to 1 decimal place. American Eagle Investment-to-asset ratio Which company has the higher ratio? Buckle % Buckle % AMERICAN EAGLE OUTFITTERS, INC. Consolidated Balance Sheets (In thousands, except per share amounts) Assets Current assets: Cash and cash equivalents Short-term investments (available for sale) Merchandise inventory Accounts receivable, net Prepaid expenses and other Total current assets Property and equipment, at cost, net of accumulated depreciation Operating lease right-of-use assets Intangible assets, net, including goodwill Non-current deferred income taxes Other assets Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Current portion of operating lease liabilities Accrued income and other taxes Accrued compensation and payroll taxes Unredeemed gift cards and gift certificates Other current liabilities and accrued expenses Total current liabilities Non-current liabilities: Non-current operating lease liabilities Other non-current liabilities Total non-current liabilities Commitments and contingencies Stockholders' equity: Preferred stock, $0.01 par value; 5,000 shares authorized; none issued and outstanding Common stock, $0.01 par value; 600,000 shares authorized; 249,566 shares issued; 166,993 and 172,436 shares outstanding, respectively Contributed capital Accumulated other comprehensive loss, net of tax Retained earnings Treasury stock, 82,573 and 77,130 shares, respectively, at cost Total stockholders' equity Total liabilities and stockholders' equity S February 1, 2020 361,930 $ 55,000 446,278 119,064 65,658 1,047,930 735,120 1,418,916 53,004 22,724 50,985 3,328,679 285,746 299,161 9,514 43,537 56,974 56,824 751,756 1,301,735 27,335 1,329,070 2,496 577,856 (33,168) 2,108,292 (1,407,623) 1,247,853 3,328,679 February 2, 2019 333,330 92,135 424,404 93,477 102,907 1,046,253 742,149 58,167 14,062 42,747 1,903,378 240,671 20,064 82,173 53,997 145,740 542,645 73,178 73,178 2,496 574,929 (34,832) 2,054,654 (1,309,692) 1,287,555 1,903,378

Answer rating: 100% (QA)

American Eagle Investment Property and Equipment net of accumulated depreciat... View the full answer